Listed By:
Coldwell Banker Premier - Lewes
Address
348 Savannah Road, Lewes, DE
Price
$ 1,500,000
Property Attributes
  • MLS#DESU2041096
  • TypeMulti-Family
  • CountySUSSEX
  • CityLewes
  • AreaLewes Rehoboth Hundred
  • Zip19958
  • StyleConverted Dwelling,Victorian
  • Year Built1900
  • Taxes$ 1062
  • Price$ 1,500,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,920 SqFt
Data Source:
Bright MLS
Property Description

PRIME LOCATION WITH INVESTMENT OPPORTUNITY! Large detached home that contains 5 separate rental units. Each unit has separate electric meters, town water & sewer. All units have stove , refrigerators, washers & dryers. Three of the units also contain dishwashers. All units are rented. All have town rental licenses. Property is located in downtown Lewes near restaurants, shops, medical facilities and beaches. Just a short drive to Cape Henlopen State Park where you can enjoy even more of what Lewes has to offer! Sit on the front porch and enjoy all the sights and sounds. Parking in rear of home allows for 4+ cars along with rear entry into units. Lots of potential with his home. Call us today for your private tour!

High School
Cape Henlopen High School
Price History
6/15/2023 Listed $1,500,000

General Features

Interior Features Kitchen - Eat-In,Primary Bath(s),Tub Shower
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Utilities Sewer Available,Water Available,Electric Available,Cable TV Available
Possession Settlement
Roof Shingle
Appliances Oven/Range - Electric,Refrigerator,Water Heater,Washer,Dryer,Dishwasher
Exterior Features Exterior Lighting
Zoning TN
Pool Y/N No Pool
Architectural Style Converted Dwelling,Victorian
Construction Materials Copper Plumbing,Frame
Year Built 1900
Electric Circuit Breakers
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County SUSSEX
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Go into town of Lewes just past Beebe Hospital. Property is on left side of road near 4th street.
ModificationTimestamp 2024-02-07T11:20:57
City LEWES
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - Federal
Total Units 4
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 3920.00
Waterfront Y/N No
Street Name SAVANNAH
Tax Annual Amount 1062.0
Home Warranty Y/N No
Structure Type Detached
One Bedroom Units Count 5
Acceptable Financing Cash,Conventional
Historic Y/N Yes
Vacation Rental Y/N No
Days on Market 293
Location Type Downtown
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Tax Lot LEWES
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Hot Water Electric
Total Stories 4
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Street Suffix ROAD
Central Air Y/N No
LivingAreaSource Assessor

Exterior Features

Parking Features Paved Parking
Lot Features Cleared,Rear Yard
Water Source Public
Total Parking Spaces 4
Type of Parking Off Street,Other
Land Use Code 999
Foundation Details Crawl Space
Water View Y/N No
Lot Dimensions 45.00 x 96.00
Lot Size Acres 0.09
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Off Street - # of Spaces 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19958

Price
AVG $1.44M
$1.5M
Taxes
AVG $1,484
$1,062
Visits
AVG 238
166
Data Provided by Inside Real Estate®
Year Built
AVG 1939
1900

Areas We Cover